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Business Ethics. Focus of topic: Understanding and resolving ethical issues in contemporary business. Speaker: Rodolfo P. Dominno, IE, MBA. Educational Attainments: Industrial Engineering, Saint Louis University-batch 1992’

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business ethics

Business Ethics

Focus of topic: Understanding and resolving ethical issues in contemporary business

speaker rodolfo p dominno ie mba
Speaker: Rodolfo P. Dominno, IE, MBA
  • Educational Attainments:
    • Industrial Engineering, Saint Louis University-batch 1992’
    • Master in Business Administration, University of the Cordilleras- Batch 2008
  • Previous Positions:
    • Personnel Officer, Odilon Heavy Equipment corp.-1995 to 2001
    • Branch Sales Manager, Permanent Plan Baguio- 2002 to 2005
    • Marketing Manager, Winaca Development Corp.- 2008 to 2009
business ethics1
Business Ethics
  • It is the form of the art of applied ethics that examines ethical principles and morals or ethical problems that can arise in a business environment.
important of business ethics to overall society or organizations
Important of Business Ethics to Overall Society or Organizations
  • Business ethics is crucial to overall society because the strength of business operation is sustain by public confidence.
what are the usual issues in the absence of business ethics
What are the usual issues in the absence of business ethics
  • Ethical mal practice
  • Relationship conflict
  • Discrimination
  • Harassment
  • Affecting privacy of others
guidelines in resolving ethical dilemmas
Guidelines in Resolving Ethical Dilemmas
  • Establish ethics policy
  • Establish business code of conduct
  • Establish practical guide to ethical decisions
  • Adopting ethical decisions model
ethical decision models values and ethics dr emily gacad
Ethical Decision Modelsvalues and ethics- Dr Emily Gacad
  • Utilitarian Model
    • An ethical decision is one that produces the greatest good for the greatest number of people.
  • Moral Right Model
    • An ethical decision is one that best maintains and protects the fundamental rights and privileges of the people affected by it.
  • Justice Model
    • An ethical decision is one that distributes benefits and harms among stakeholders in a fair, equitable, or impartial way.
ethical versus unethical decisions values and ethic dr emily gacad
Ethical Versus Unethical DecisionsValues and Ethic- Dr. Emily Gacad
  • Ethical Decision
    • A decision that is reasonable or typical stakeholders would find acceptable because it aids stakeholders, the organization, or society
  • Unethical Decision
    • A decision that a manager would prefer to disguise or hide from other people because it enables the company or a particular individual to gain at the expense of society or other stakeholders.
practical guide to ethical decisions values and ethics dr emily gacad
Practical Guide to Ethical DecisionsValues and Ethics- Dr. Emily Gacad
  • Does the manager’s decision fall within usual and accepted standards?
  • Is the manager willing to personally and openly communicate the decision to all affected stakeholders?
  • Does the manager believe that his friends would approve?
  • If the answer is “yes” to all the above, the decision is probably an ethical decision.
implementation and control of business ethics
Implementation and control of business ethics
  • Implementation of ethical policy
  • Evaluation and control by ethic officer
the foundation for ethical behavior
The Foundation for Ethical Behavior
  • Culture development
  • Policy implementation
  • Early morale training
basic duties of workers values and ethics class of dr emily gacad mba
Basic Duties of WorkersValues and Ethics class of Dr. Emily Gacad- mba
  • 1. Work honestly and comply with all agreements.
    • “Honestly can keep you safe”. Proverbs 11:6
  • 2. Never injure capital nor steal from the employer.
    • “Thou shall not steal”. Exodus 20:15
  • 3. Never outrage the person of the employer.
    • “Do not devise evil against your neighbor”. Proverbs 3:29
  • 4. Never employ deceit nor violence in presenting a cause.
    • “Deceit causes trouble, & foolish talk will bring you to ruin”
      • Proverbs 10:10
  • 5. Never consort with agitators or men of evil principles.
    • “Do not envious of evil men, nor desire to be with them”.
      • Proverbs 24:1
word class worker
Word Class Worker
  • Bear the golden rule in mind: “Do not do unto others, what you do not want others do unto you”
references
References:
  • Business Ethics, 3rd ed. (C. Gow & G. Miranda)
  • Wikipedia
  • www.articlebase.com